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Re: EAST COAST 1 post# 75921

Sunday, 10/18/2009 10:29:17 PM

Sunday, October 18, 2009 10:29:17 PM

Post# of 343829
Zecco actually sells our shares in a FIFO (first in first out) manner. So, suppose that we bought shares as follows:

October 10, 10,000
October 11, 15,000
October 12, 18,500
October 13, 6,000
October 14, 3,000

Suppose we put an order to sell 26,000 shares. Then Zecco will sell the 25,000 shares of October 10-11, and the 1,000 shares of October 12. Unfortunately, unless I am wrong, Zecco would not sell arbitrary blocks of the above table.



Nowhere is there a pure creation or production of power
without a corresponding exhaustion of something
to supply it.
______________________________________________
Michael Faraday, Chemist and Physicist, 1840.